Thornburg Invest Mgmt
Garrett Thornburg
Period
Q1 2026
Portfolio Date
Mar 31, 2026
Stocks Held
168
Market Value
$8.5B
Portfolio Analysis
AIPreviewI. Institutional Overview
The institutional investment landscape of Q1 2026 reveals a sophisticated and highly strategic posture from Garrett Thornburg - Thornburg Invest Mgmt. As of the portfolio snapshot date of March 31, 2026, the institution manages a substantial portfolio with a total reported market value of approximately $8.53 billion. This scale positions Thornburg as a...
With a total of 168 holdings, Thornburg Invest Mgmt exemplifies a "diversified conviction" investment style. This number of holdings suggests a sophisticated risk management framework where the institution avoids the extreme volatility of hyper-concentrated portfolios (often seen in smaller hedge funds with fewer than 20 stocks) while eschewing the "closet...
A psychological portrait of the institution during this quarter emerges as one of "Defensive Opportunism." Thornburg appears to be leaning heavily into cash-flow-rich, value-oriented sectors like Financials and Communication Services, yet it is simultaneously making massive, aggressive bets on specific growth catalysts within the Healthcare and Technology...
Based on the latest available 13F filing.
Open full report in appHoldings Value Trend
Q2 2024
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Historical Positions
| Symbol | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|
| C | 9.4% | 11.8% | 10.6% | 8.8% |
| T | 9.3% | 9.1% | 10.4% | 10.2% |
| AVGO | 6.7% | 9.0% | 9.5% | 9.4% |
| AZN | 5.8% | - | - | - |
| MRK | 4.7% | 5.0% | 3.9% | 4.8% |
| CME | 3.5% | 4.0% | 3.9% | 3.7% |
| TRP | 3.1% | 2.8% | 2.9% | 2.4% |
| TSM | 2.5% | 2.5% | 2.4% | - |
| CSCO | 2.4% | 2.8% | - | 2.2% |
| ENB | 2.0% | - | - | - |
Post-Filing Contributors
Price change since reported price, ranked by portfolio contribution
Post-Filing Detractors
Price change since reported price, ranked by portfolio contribution
Sector Analysis
All Holdings
$C
9.4%
$T
9.3%
$AVGO
6.7%
$AZN
5.8%
$MRK
4.7%
$CME
3.5%
$TRP
3.1%
$TSM
2.5%
$CSCO
2.4%
$ENB
2.0%
$EQH
1.9%
$MDT
1.8%
$HD
1.8%
$RF
1.8%
$FCX
1.7%
$CP
1.7%
$LIN
1.4%
$ALC
1.3%
$GOOGL
1.3%
$SOBO
1.3%
$FER
1.2%
$ABBV
1.1%
$BZ
0.9%
$LYB
0.8%
$BABA
0.8%
$SCHW
0.8%
$META
0.8%
$CIM
0.7%
$SLRC
0.7%
$PFE
0.7%
$LLY
0.6%
$MELI
0.6%
$MA
0.5%
$BKNG
0.5%
$CACI
0.5%
$LHX
0.5%
$ADBE
0.4%
$TJX
0.4%
$MFIC
0.4%
$TDG
0.4%
$RACE
0.3%
$SE
0.3%
$VRT
0.3%
$SHOP
0.3%
$ASML
0.3%
$COF
0.3%
$AMD
0.3%
$FTI
0.2%
$ANET
0.2%
$MUFG
0.2%